Insurance

What is a Dwelling Fire Policy?

Dwelling Fire Policy

[dwel-ing / fahyuh r / pol-uh-see]

noun

1.

A Dwelling Fire Policy differs from a standard Homeowner’s Insurance Policy by explicitly listing the hazards covered by the Policy. Dwelling Fire Policies don’t have to only cover damage from fire and smoke, they can also cover damage from things like wind, explosions, or vandalism, if those causes are specifically written into the Policy. These policies are useful for a dwelling that will not be inhabited by the owner, such as a landlord insuring a rental property.

Have A Question About This Topic?

Thank you! Oops!

Related Content

Should You Consider an Annuity for Retirement?

Should You Consider an Annuity for Retirement?

Annuities are a popular and well-established method of providing a secure retirement income. Here are our answers to a few of the most common questions asked by people who are considering this option.

Social Media: #NewestBusinessLiabilityRisk

Social Media: #NewestBusinessLiabilityRisk

Social media may be a modern imperative for businesses looking to grow and build their brand, but it also introduces risk.

What You Should Do About Insurance Following a Divorce

What You Should Do About Insurance Following a Divorce

In the face of divorce, making changes to insurance coverage may be overlooked.